eJarn
Username/ID
Plear enter userid
Password      *Forgot Password?
Please enter password
$85.6 billion new building contracts expected in the GCC
2017/05/19
May 17, 2017
The overall value of new building contracts awarded in the GCC in 2017 is expected to reach $85.6 billion, according to a new report.
 
This GCC Building Construction Market Report, which was created by Ventures Onsite on behalf of The Big 5 Heavy, states that UAE tops the regional ranking, with an estimated $40.5 billion of building contractor awards predicted during 2017. Qatar is in second place with $16.7 billion and Saudi Arabia is in third with $16 billion.
 
According to these figures, there is an increase of close to 7%, compared to the $79.5 billion new construction contracts awarded in 2016.
 
The UAE also topped the GCC league table in 2016, with $32.6 billion worth of project awards - the highest figure since 2008.
To view the complete content, please log in.
Username/ID
Plear enter userid
Password      *Forgot Password?
Plear enter password